Is Blue Star technically bullish or bearish?

Oct 24 2025 08:15 AM IST
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As of 23 October 2025, the trend is bullish based on strong weekly MACD and Bollinger Bands signals, although caution is advised due to mildly bearish monthly indicators.
As of 23 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the weekly MACD and Bollinger Bands, both signaling bullish momentum. Daily moving averages also support this bullish outlook. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Dow Theory indicates a mildly bullish trend on a monthly basis, while the weekly analysis shows no clear trend. Overall, the strength of the bullish stance is reinforced by the daily and weekly indicators, despite some mixed signals on the monthly timeframe.
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